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Gold/Mining/Energy : Gold Price Monitor
GDXJ 130.28+0.3%Feb 4 4:00 PM EST

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To: Bill Murphy who wrote (36871)7/9/1999 6:13:00 AM
From: Bobby Yellin  Read Replies (1) of 116960
 
thanks for sharing Bill..
I wonder if you could get in touch with Crossfire on CNN..
I was listening to Capital Gang this weekend and one of the fellows mentioned on outrage of the week that to allow bankers which compose the federal reserve to set the rules is an outrage and another mentioned that it is an outrage that now that poorer people have only started to benefit from the economic recovery..Greenspan is raising rates which increases all their interest rate payments..
too bad he didn't add what has created so much of the current wealth in the states..and how many middle class people who aren't in the stock market are working more hours than they ever had..and how many kids are suffering from not seeing their parents or having parents who are too emotionally and physically exhausted to be there
also re gold sales of BOE..interesting that it was oversubscribed yet the price of sale wasn't raised..but of course if I had a lot of something and told the market I was going to sell more and more, I think I would wait for a better price if I were the buyer..also is there any way of finding out the trading of the BOE..they had to know that they would devalue their currency..weird if they bought puts before they announced their policy or bought puts on gold futures etc..
anyways what goes around comes around
keep up the utterly fantastic work.. you really are trying to help
a lot of the poor harding working people in developing countries..
I am so glad S.A. is speaking up bigtime..too bad some of their representatives don't get on some prime time talk shows....
ps I wonder how many US citizens are now buying big purchases for fear of increasing rising interest rates..I don't know how economists factor that in for the group of the economy..it would seem it could artificially inflate certain statistics
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